SGH 0.00% 54.5¢ slater & gordon limited

Debt is 3 times larger than market cap, page-56

  1. 985 Posts.
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    Not a chance - there's no way you can support >$600m of net debt on their Aussie business. In FY15 (pre Quindell) they made $121m EBITDA - that's more than 5x leverage.

    But UK isn't going to go to zero, there's just no basis for that, so it's not something I'd worry about.
 
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Currently unlisted public company.

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